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Return of $500M from NCInnovation pursued

Summary by The Center Square
(The Center Square) – NCInnovation, funding partner for research and development toward commercialization opportunities of North Carolina’s public university system, is being asked to return $500 million provided by taxpayers.

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The Center SquareThe Center Square

Return of $500M from NCInnovation pursued

(The Center Square) – NCInnovation, funding partner for research and development toward commercialization opportunities of North Carolina’s public university system, is being asked to return $500 million provided by taxpayers.

·United States
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Carolina JournalCarolina Journal

State lawmakers file bill to reclaim $500 million in taxpayer funds from NCInnovation

NC House Oversight Committee co-chairs Reps. Harry Warren, R-Rowan, and Jake Johnson, R-Polk, are among the primary sponsors of a bill to clawback half a billion dollars in state taxpayer funds from NCInnovation (NCI), a private nonprofit founded to help commercialize more public university research in the state. Citing the pressing disaster relief needs of western North Carolina as lawmakers gear up for budget discussions, the sponsors of House…

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jocoreport.comjocoreport.com

State Lawmakers File Bill To Reclaim $500 Million In Taxpayer Funds From NCInnovation

By Jeff Moore Carolina Journal NC House Oversight Committee co-chairs Reps. Harry Warren, R-Rowan, and Jake Johnson, R-Polk, are among the primary sponsors of a bill to clawback half a billion dollars in state taxpayer funds from NCInnovation (NCI), a private nonprofit founded to help commercialize more public university research in the state. Citing the […]

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Carolina Journal broke the news in on Wednesday, February 19, 2025.
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